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. Last Updated: 07/27/2016


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Pull Back By Serbs Starts Up

PALE, Bosnia -- Russia scored a major diplomatic success on Thursday as Bosnian Serbs began a significant withdrawal of heavy guns around Sarajevo in accordance with a Kremlin proposal. Moscow's special envoy Vitaly Churkin said that under the agreement Russian troops would be rushed to the area around the Bosnian capital to bolster the United Nations cease-fire operation that has kept the peace in the city for the past week. Bosnian Serb leader Radovan Karadzic, who held talks with Churkin at the Serb headquarters in Pale, just outside Sarajevo, said he accepted the Russian proposal, adding: ""We do think that war in Sarajevo is finally over."" A spokesman for the United Nations Protection Force in Sarajevo, Bill Aikman, later reported a major pullback of Serb heavy weaponry from the city. ""We have news of a very significant withdrawal of Bosnian Serb forces off the hills around Sarajevo,"" Aikman said. ""We are talking about convoys of equipment moving off the hills.

Japan's Premier Acts To Open Up Markets

TOKYO -- Japanese Prime Minister Morihiro Hosokawa told key ministries Thursday to draft emergency market-opening measures, possibly before the end of next week, to contain an escalating trade dispute with the United States. Hosokawa was also set to call a special cabinet meeting on Friday in an effort to speed up drafting of the ""voluntary"" measures he promised after last week's U.S.-Japan summit broke down over U.S. demands to set numerical market access targets. Before the failed summit, Washington spent weeks in heated negotiations with Tokyo trying to pry open its markets and cut its huge trade surplus with the United States. ""We must draw up more concrete and visible measures as soon as possible,"" government spokesman Masayoshi Takemura said after Hosokawa had summoned his chief trade negotiators to an emergency meeting. As for specific timing for the new measures, he said: ""As soon as possible, maybe before the next G-7 gathering.

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